3921 Old York Rd

Baltimore, MD 21218

$325,000
Price
10
Beds
2,616 Sq. Ft.
$124 / Sq. Ft.
2,616
Sq. Ft.
$124
per Sq. Ft.
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Active Under Contract
Active Under Contract

Description

• 16.1% Projected Cash-on-Cash Return
• $2,953 Projected Monthly NOI
• Licensed 10-Room Congregate Housing Facility
3921 Old York Road offers a unique opportunity to acquire a licensed 10-room congregate housing facility with projected annual Net Operating Income of $35,438, or $2,953 per month, when operated at full capacity under the current operating model. Based on the financing assumptions contained in the offering materials, the property projects a 10.9% cap rate and 16.1% cash-on-cash return....• 16.1% Projected Cash-on-Cash Return

• $2,953 Projected Monthly NOI

• Licensed 10-Room Congregate Housing Facility

3921 Old York Road offers a unique opportunity to acquire a licensed 10-room congregate housing facility with projected annual Net Operating Income of $35,438, or $2,953 per month, when operated at full capacity under the current operating model. Based on the financing assumptions contained in the offering materials, the property projects a 10.9% cap rate and 16.1% cash-on-cash return. The building includes ten private rooms, an administrative office, two ADA-accessible rooms, shared kitchen and laundry facilities, and a fire sprinkler system. This configuration supports a variety of housing models, including workforce housing, shared housing, transitional housing, senior housing, and other congregate living arrangements permitted by law. Located near the 33rd Street, Waverly, and Greenmount Avenue commercial corridor, residents have convenient access to Giant Food, retail shopping, laundromats, dining, and public transportation. Investors seeking strong projected cash flow, existing licensing, and flexible housing opportunities will find a compelling opportunity at 3921 Old York Road.

Property Details for 3921 Old York Road

Tax ID Number
0309013913B028
Ownership
Ground Rent
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Converted Dwelling
Levels/Stories
2
Waterfront
No
LISTING UPDATED: 07/20/2026 11:00 PM

Property Details for 3921 Old York Road

StatusActive Under Contract
MLS #MDBA2218616
Days on Market2
Taxes$3,264 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Ground Rent
Year Built1930
Lot Size0.09 AC / 4,000 SF
CountyBaltimore Independent City
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Location

Listing Courtesy of Ben Frederick Realty, Inc.
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Building Information for 3921 Old York Road

Stories2Year Built1930Building Size-Lot Size0.09 AC / 4,000 SF

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$1,892 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,620

Property Taxes

$272

HOA Dues

$0

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Property Information for 3921 Old York Road

Location
Location
  • In City Limits: Yes
  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS
  • School District County ID: 121137830454
  • SchoolDistrictSource: Listing Agent
  • County: BALTIMORE CITY
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $140,700
  • Year Assessed: 2026
  • County Tax: $155
  • Improvement Assessed Value: $125,500
  • City Town Tax: $3,109
  • Land Assessed Value: $20,000
  • Clean Green Assessed: No
  • Land Use Code: C
  • Section: 01
  • Zoning: R-7
  • Zoning Dscrp: Licensed for 10 rooming units. Zoning permits this SFH with up to 10 residents and allows residential substance abuse.
  • Tax Lot: 028
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 7
  • # Bathrooms Count All Upper Levels: 1
  • # Bathrooms Full All Upper Levels: 1
Upper Level 1
  • # Bedrooms Count Upper Level: 7
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
Rooms
  • Stories: Main, Upper 1
Financial Information
Financial Information
  • Annual Rental Income: $7,410
Building Info
Building Info
  • Total Finished SQFT: 2,616.00
  • Total Finished SQFT Source: Assessor
  • Tax Total Finished SQFT: 2,616.00
  • Total SQFT: 3,844.00
  • Total SQFT Source: Assessor
  • Construction Materials: Frame
  • Roof: Asphalt
  • Ext Main Mid-res: http://bright-media01.prd.brightmls.com/bright/images/0000/8050/1949/3638/805019493638_512_384_WM_BmlvJuVvBVIG5q43.jpg
  • Basement Type: Partial
  • Foundation Details: Stone
  • Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bathrooms Full-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bedrooms-Upper Level 1-4, Bedrooms-Upper Level 1-5, Bedrooms-Upper Level 1-6, Bedrooms-Upper Level 1-7, Bathrooms Full-Upper Level 1-1
  • # Bathrooms Full: 2
  • Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 100' x 40'
  • Lot Dimensions Source: Estimated
  • Parcel ID: 12933541
  • Ground Rent Amount: $96
  • Ground Rent Payment Frequency: Semi-Annually
  • Capitalized Value-Ground Rent: $1,600
  • Ground Rent Years Remaining: 99
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: Ramp - Main Level
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Other
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office

Property History for 3921 Old York Road

DateEvent & SourcePriceAppreciation
Jul 20, 2026

Active Under Contract

BRIGHT #MDBA2218616

—
Jun 9, 2026

Withdrawn

BRIGHT #MDBA2218616

—
Jun 9, 2026

Active Under Contract

BRIGHT #MDBA2218616

—
DateEvent & SourcePrice
07/20/2026

Active Under Contract

BRIGHT #MDBA2218616

—
06/09/2026

Withdrawn

BRIGHT #MDBA2218616

—
06/09/2026

Active Under Contract

BRIGHT #MDBA2218616

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3921 Old York Road

Taxable ValueLand$20,000Additions$118,300Total$138,300
Tax Record2025$3,248 ($271 / month)
Home Facts
Total Finished SqFt3,844 SqFtAbove Grade Finished SqFt3,844 SqFtStories2Lot Size4,000 SqFtStyleOffice BuildingYear Built1930Year Renovated1930ZoningR-7CountyBALTIMORE CITYAPN3913B-028

Schools near 3921 Old York Road

This home is within Baltimore City Public Schools.
Rating
School
Type
Grades
Distance
Walter P. Carter Elementary School
Public - PK to 8
Booker T. Washington Middle School
Public - 6 to 8
Paul Laurence Dunbar High School
Public - 9 to 12
Frederick Douglass High School
Public - 9 to 12
Rating
School
Distance
Walter P. Carter Elementary School
PublicPK to 8

Booker T. Washington Middle School
Public6 to 8

Paul Laurence Dunbar High School
Public9 to 12

Frederick Douglass High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ben Frederick Realty, Inc.

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 07/20/2026 11:00 PM